Tag: South Beach

1 Hotel South Beach proposes beach club and restaurant

An aerial view of 1 Hotel & Homes The owners of 1 Hotel South Beach want to build a tiki hut-style club and restaurant on the sand behind the property’s parking garage. Tuesday afternoon, representatives for 1 Hotel made the case for the new structure in front of the

Miami Beach fast tracks $400M light rail project for South Beach

South Beach Miami Beach city officials are fast-tracking plans to build a light rail system in South Beach that would eventually connect the barrier island to mainland Miami. The city commission on Wednesday will reportedly consider a recommendation to begin negotiations with Alstom, the French rail firm and lead bidder…

Fogo de Chao building in South Beach hits the market: $19.5M

Fogo de Chao in South Beach A retail building in the South-of-Fifth neighborhood of Miami Beach hit the market for $19.5 million, Marcus & Millichap announced on Monday.  Kirk Olson and Drew Kristol of Marcus & Millichap Records show a partnership between restaurateur Myles Chefetz and Nelson Fox of Miami…

Historic South Beach apartment-hotel trades for just under $13M

Sadigo Court Hotel at 334 20th Street After nearly three decades of ownership, Rod Eisenberg has sold his historic Sadigo Court hotel in South Beach for $12.975 million. The deal was announced Monday by Joe Thomas of brokerage firm Marcus & Millichap, who represented both Eisenberg and the yet-to-be disclosed…

Royal Stays adds to South Beach short-term rental portfolio

Clockwise from top left: Courtyard, L’Etoile, Hispanola House and Casa Gaby Royal Stays Miami has purchased four buildings with 31 units in South Beach for a combined $12.5 million, with plans to operate them as short-term rentals. The Miami Beach-based company purchased the portfolio in late December, effectively doubling its…

Royal Stays adds to South Beach short-term rental portfolio

Clockwise from top left: Courtyard, L’Etoile, Hispanola House and Casa Gaby Royal Stays Miami has purchased four buildings with 31 units in South Beach for a combined $12.5 million, with plans to operate them as short-term rentals. The Miami Beach-based company purchased the portfolio in late December, effectively doubling its…